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World Bank East Asia and Pacific Economic Update 2012, Volume 2 : Remaining Resilient

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank.
Series:
World Bank e-Library.
World Bank East Asia and Pacific Economic Update
Language:
English
Subjects (All):
Economic Policy.
Economic Update.
Macroeconomics and Economic Growth.
Poverty Reduction.
World Bank.
Local Subjects:
Economic Policy.
Economic Update.
Macroeconomics and Economic Growth.
Poverty Reduction.
World Bank.
Physical Description:
1 online resource (135 pages)
Other Title:
World Bank East Asia and Pacific Economic Update 2012, Volume 2
World Bank East Asia and Pacific Economic Update
Place of Publication:
Washington, D.C., The World Bank, 2013.
System Details:
data file
Summary:
The World Bank East Asia and Pacific Economic Update is a comprehensive, twice-yearly review of the region's economies prepared by the East Asia and Pacific region of the World Bank. In this edition, the report notes that the region is expected to contribute almost 40 percent of global growth in 2012, and a similar share in 2013.China's economic slowdown affected the region's economic performance. China's growth is projected to reach 7.9 percent this year, 1.4 percentage points lower than last year's 9.3 percent and the lowest growth rate since 1999. For 2014, we expect most countries in the region to benefit from a mild recovery in advanced countries as well as continued strong domestic demand. For economies in the region that face difficulties in budget execution, particularly of the capital budget, fiscal interventions could focus on increasing private domestic demand, such as targeted social assistance or investment tax credits.
Notes:
Description based on print version record.
ISBN:
1-4648-0075-8
Publisher Number:
10.1596/978-1-4648-0075-7

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